Innoviz Technologies Ltd. and Dataspeed Inc. have entered a strategic collaboration that will integrate Innoviz’s SMART LiDAR sensors into Dataspeed’s Drive‑by‑Wire vehicle systems for defense, agriculture, mining, automotive, and off‑highway applications across North America.
The InnovizSMART sensor delivers long‑range detection up to 450 m and uniform resolution across its field of view. It captures multiple reflections per pixel, allowing it to maintain performance when its window is blocked by mud, dust, rain, or debris—an advantage that is critical for autonomous operation in harsh environments such as deserts, forests, and open‑pit mines.
For Innoviz, the partnership opens a new market segment beyond automotive, creating a higher‑average‑selling‑price revenue stream and shortening design cycles. For Dataspeed, the integration provides a blockage‑resilient sensing solution that enhances the reliability of its drive‑by‑wire platforms in challenging terrains, reinforcing its position in the autonomous vehicle development ecosystem.
Financially, Innoviz reported FY 2025 revenue of $55.1 million, a 127% year‑over‑year increase from $24.3 million in FY 2024. Q4 2025 revenue was $12.67 million, below the $16.25 million estimate, and the company posted an EPS of –$0.10 versus an estimate of –$0.08. Operating expenses for FY 2025 were $80.6 million, resulting in a net loss of $67.8 million. Management has guided FY 2026 revenue to $67–$73 million, reflecting confidence in continued demand for its high‑performance LiDAR.
"Our partnership with Dataspeed reflects our ongoing commitment to provide robust LiDAR sensors designed for the real world, not controlled environments," said Mrinal Sood, VP North America at Innoviz. "For our customers operating in challenging terrains and demanding landscapes, sensor reliability is not a luxury, it's a mission‑critical KPI," added Paul Fleck, CEO of Dataspeed.
Investors responded positively to the announcement, citing the expansion into defense, agriculture, and mining sectors and the sensor’s blockage‑resilient capabilities as key drivers of the partnership’s value.
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